Fact Pattern 27-2 (Questions 18-20 apply)
Brad, Carlos, and Dora are general partners in Eastside Physicians, a medical clinic.
-Refer to Fact Pattern 27-2.The partners decide to dissolve Eastside.Dora collects and distributes the firm's assets.This results in
A) nothing with respect to the firm's existence.
B) the continuation of the firm's business.
C) the termination of the firm's legal existence.
D) the temporary suspension of the firm's business.

Question

Quizplus · Accepted Answer

The distribution of the firm's assets indicates the partners' intention to wind up the affairs of the partnership and terminate its legal existence.

Fact Pattern 27-2 (Questions 18-20 Apply)